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Early warnings
SZB-652038a2e4

Aave freezes DAO markets on V3 and V4 after possible Binance-linked wallet incident

Status
Unverified: only social posts report this so far
Kind
Breach
Vendor
Aave
Product
V3 and V4 DAO markets
First seen

Summary

Aave temporarily froze all DAO markets on V3 and V4 after reports of a possible security incident involving a Binance-linked wallet. Aave said its contracts are unaffected, though the freeze halts lending and withdrawals.

If you use Aave

Check the official Aave channels for updates on when markets reopen

Avoid interacting with unofficial links or front-ends during the freeze

Verify any wallet or contract addresses against official Aave sources before transacting

Check Aave's official channels and governance forum for an incident report and details

Review open positions and borrowing exposure on Aave V3 and V4

Watch for the staged limit changes and WETH, USDT, and USDC cap reductions

What the sources say 2

· Bluesky: “Aave temporarily froze all DAO markets on V3 and V4 after reports of a possible security incident involving a Binance-linked wallet.” Source

· Bluesky: “This follows a security incident & attacker's large holdings of ETH/stablecoins.” Source